While all of you were enjoying the tricks of the Halloween season, I was counting the treats I
received from all of you in the form of emails asking me questions about selling your home.
Let's get to your questions!
"I just bought my home in January and interest rates have dropped since I financed it. Can I
refinance my home even though it hasn't been a year since I bought it?" - Sarah (Salem, OH)
Happy one year anniversary, Sarah, well, almost! We get this question quite a bit, especially
with interest rates STILL at an all time low. In your case, Sarah, yes, you can refinance. In order
to refinance, you must have at least a 6-month period in between financing applications and
transactions. So get with your local lender or, in your case, call the title company you closed
with a year ago, since they may able to offer a reissue rate and you can save on your closing
costs. It will help put more money in your pocket, esp...